The Northern Route OSLO, Norway—The hits to global shipping just keep coming. With the Iran-backed Houthi rebels in Yemen still taking shots at commercial vessels in the Red Sea, traffic there is down almost 60 […]
We forecast that the natural gas consumed for electricity generation this summer in the United States will reach near the record set last year. Despite a 3% increase in overall U.S. electricity generation this summer, […]
Chevron Australia, a unit of US energy giant Chevron, has resumed full production at its Gorgon LNG terminal in Western Australia. “Chevron Australia has resumed full LNG production from the Gorgon gas facility with the […]
As president and CEO of Green Mountain Power in Vermont, Mary Powell developed the first utility partnership with Tesla to attach residential Powerwall batteries to the grid, providing backup clean power for the utility […]
They’re only a small-ish part of the banking industry’s overall loan book. But some banks are more exposed than others. By Wolf Richter for WOLF STREET. Banks are still very profitable. The industry reported quarterly net income of […]
A virtual meeting likely hasn’t seen this much tension since your family tried to play Quiplash during the pandemic. Most shareholders (95%) sided with Exxon Mobil yesterday during the company’s annual shareholder meeting, voting to reelect all […]
Eighteen months have passed since the EU banned the import of Russian crude oil and refined products and Moscow has successfully managed to replace what was its biggest export market, Europe, with new customers in […]
(Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. 1. […]
The UK must more than double its current rate of installing publicly accessible electric vehicle (EV) charge points to meet its 2030 target. Britain aims to have 300,000 charge points by the end of the […]
Veolia, Waga Energy and ENGIE have partnered to advance the Renewable Natural Gas (RNG) industry in France. Since 1st May, Waga Energy has been selling RNG produced at Veolia’s Val Pôle in Claye-Souilly to ENGIE […]
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